44, NINESPRINGS WAY, HITCHIN, SG4 9NR - £315,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

44 NINESPRINGS WAY is a very small semi-detached house of 71m², built sometime between 1950 and 1966. It was last sold for £315,000 in December 2014, which was around 35% below the average December 2014 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

44 NINESPRINGS WAY Sold Prices

Land registry data shows two sales for 44 NINESPRINGS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. Both of the two 44 NINESPRINGS WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 19 DEC	£315,000	£487,333	35% below HPI
2003 19 DEC	£239,950	£316,327	24% below HPI

44 NINESPRINGS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The two 44 NINESPRINGS WAY sales from December 2003 and December 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2003 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2014 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 44 NINESPRINGS WAY?

44 NINESPRINGS WAY is 71m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of detached houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses by size in Hitchin, and where 44 NINESPRINGS WAY lies on this distribution: 2% of detached houses are smaller than 44 NINESPRINGS WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

44 NINESPRINGS WAY: Plot and Title Map

44 NINESPRINGS WAY sits on a plot of roughly 0.133 of an acre, or 537m². The below map shows the location of 44 NINESPRINGS WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 44 NINESPRINGS WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 44 NINESPRINGS WAY?

44 NINESPRINGS WAY is located in HITCHIN, in the SG4 postcode district. The below map shows the position of No. 44 on NINESPRINGS WAY.